Fortis (FTS) Reports Q2 EPS Below Consensus

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Fortis Inc. Reports Second Quarter 2018 Earnings

July 31, 2018 6:00 AM EDT

ST. JOHN'S, Newfoundland and Labrador, July 31, 2018 (GLOBE NEWSWIRE) -- Fortis Inc. (TSX/NYSE: FTS)

Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a leader in the North American regulated electric and gas utility industry, released its second quarter results today. The Corporation reported second quarter 2018 net earnings of $240 million, or $0.57 per common share.

"Our performance in the first half of 2018 positions us well for the year. With capital expenditures on track, we are executing on our growth strategy, and... More